Transactions & Contracts

At Corliss Law we work with business owners to carefully unify and craft their contract infrastructure.

While we prefer to work with clients on a longer-term basis, many of our clients’ most pressing needs are transactional in nature or our clients don’t have the need for ongoing legal work. Transactions and the contracts or documents that relate to those transactions form the building blocks for the underlying legal infrastructure of a business.

The drafting of contracts needs to address three important intangible value drivers: risk, leakage, and transition. They also need to judged based on a risk/value index. Over the years we have found that businesses frequently undertake excessive risk by failing to put the transaction in the context of long term planning goals.

For example, if a business owner is planning on exiting the business in 2 years, acquiring a new business or business line needs to be evaluated in the context of whether the benefits of potential additional revenue outweigh the risks of the distraction and short window to assimilate the new business. We help the business owner to judge the transaction in light of the outside factors affecting the business.

We do not view contracts in isolation. The hidden foundation of the legal structure of any business is found in the collection of its transactions and business agreements. Contracts and transactions bring value to a business, but they also create and shift risk. These contracts and transactions are individual events but collectively they create a hidden legal infrastructure that over time influence the value of the business you have built.

Each contract establishes rights and obligations between the parties and can be a source of risk or defense.

We provide transaction and contract services over a wide range of subject areas including:

• leases
• purchase orders
• distribution agreements
• supply agreements
• loan transactions
• purchase transactions
• sale transactions

We help business owners uncover and minimize the impact of hidden risks, manage their contract portfolio and balance contract liabilities with benefits. This process assists in aligning contract and transaction infrastructure with the ultimate goals of the business and business owner.